“My percentage of winners is only about 50/50, because I cut my losers very quickly. The maximum loss I allow is 7%, and usually I am out of a losing stock a lot quicker. I make my money on the few stocks a year that double and triple in price. The profits in those trades easily makes up for all the small losers.” YearsLossCuttingLosingTradeProfitWinnerLoserMaximumPercentages Author:David Ryan
“If it reenters its base, I have a rule to cut at least 50 percent of the position.” IfsCuttingPositionPercent Author:David Ryan